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The Future of Drippler: Interview with Drippler CEO and Co Founder Matan Talmi

What drove you to create Drippler? My co founders and I were always tech guys, and as new gadgets have become something that everyone gets excited about today, not just techies, we found ourselves being approached constantly by family and friends with questions regarding tech.  Questions such as: “Show me how to use this feature”, […]

The post The Future of Drippler: Interview with Drippler CEO and Co Founder Matan Talmi appeared first on iAngels.

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What drove you to create Drippler?

My co founders and I were always tech guys, and as new gadgets have become something that everyone gets excited about today, not just techies, we found ourselves being approached constantly by family and friends with questions regarding tech.  Questions such as: “Show me how to use this feature”, or “What cool apps should I get”.  While we usually had the answers to these questions, we realized that there was a huge opportunity to provide people with a platform to answer these questions for themselves.

Drippler evaluates the device it was downloaded on, correct?

Not only that, but we automatically analyze and detect various device information such as the model, the OS version, what apps you have installed, and even your carrier. We collect data we can use in order to personalize the experience and make life simple for the users.

What type of expansion are you looking to do?

We currently support all iOS and Android devices, smartphones and tablets. We want to be on any device that sees high user engagement and will focus on more platforms in the future – wearables, smart TVs, smart cars and more

How has Drippler been received thus far?

We have over millions of users, and a very high user engagement.  The app has a 4.5 star rating on Google Play and a 4.8 star rating on the app store.  Because of our success, people are discovering new products around the tech world millions of times per month.  So we are driving a lot of engagement to other apps and leading to many other purchases as well.

What’s the business model?

It’s really built into the product.  The focus is to get users to discover something new, and then to allow them to act on that discovery.  The three revenue channels that we have are app discovery, app re-engagement, and commerce.  These channels are manifested through three buttons that are in the app: install, open, and buy.

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You wrote an article on Forbes about the importance of spending money for user acquisition.  Can you explain why that’s important?

It’s very much product dependant.  There are millions of apps, and it’s extremely difficult to stand out.  While organic growth is great, it makes sense to pay to acquire users in order to set yourself apart from the competition.  In fact, we are already working with many major app developers in order to assist them in getting high lifetime valued users and grow their user bases through promotions on Drippler.

What do hope to accomplish with the new round of funding?

We are already one of the leaders in app discovery, but this a rapidly growing market in which there is still not a clear cut leader.  So our first, short term goal is to become the leading consumer facing app discovery player in the US market.

Looking past that, we have already began building the infrastructure to allow us to launch more products, in more languages, and really make our mark on the global market.

What is your team’s competitive advantage?

We’ve spent the last couple of years really nailing the user experience, getting a precise product-market fit, and building a company brand.  Because of these things, we have already developed a user base of millions of users who loves and trusts us, and that is the greatest advantage a company could ask for.

What is Drippler’s overall goal?

We want to allow anyone with a smartphone, tablet and other smart devices to discover the latest and greatest and make the most of it.

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Yonatan Mandelbaum

Community Manager, iAngels

Source: https://www.iangels.com/2015/01/the-future-of-drippler-interview-with-drippler/

Private Equity

20VC: Sequoia’s Roelof Botha on His Biggest Lessons Working Alongside Don Valentine, Mike Moritz and Doug Leone, Leading Sequoia’s US Business and What Sequoia Do To Retain Their Edge at the Top & The Crucible Moments That Define Startup Success

Roleof Botha is a Partner @ Sequoia Capital, one of the world’s leading venture firms with a portfolio including the likes of Airbnb, Instacart, Stripe, UiPath, Zoom, the list goes on. As for Roelof, at Sequoia he has led rounds into the likes of YouTube, Instagram, Eventbrite, Square, MongoDB, 23andMe and Unity Technologies to name a few. Before joining the

The post 20VC: Sequoia’s Roelof Botha on His Biggest Lessons Working Alongside Don Valentine, Mike Moritz and Doug Leone, Leading Sequoia’s US Business and What Sequoia Do To Retain Their Edge at the Top & The Crucible Moments That Define Startup Success appeared first on The Twenty Minute VC.

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Roleof Botha is a Partner @ Sequoia Capital, one of the world’s leading venture firms with a portfolio including the likes of Airbnb, Instacart, Stripe, UiPath, Zoom, the list goes on. As for Roelof, at Sequoia he has led rounds into the likes of YouTube, Instagram, Eventbrite, Square, MongoDB, 23andMe and Unity Technologies to name a few. Before joining the world of venture, Roelof was the CFO @ Paypal playing a key role in their hyper-growth from 2000-2003.

CLICK TO LISTEN ON ITUNES

In Today’s Episode You Will Learn:

1.) How did Roelof go from actuary in South Africa to CFO @ Paypal? What were his biggest lessons from seeing Paypal burn $10M per month? How did Paypal lead to his joining Sequoia as a Partner?

2.) Market Evaluation: Does Roelof agree that the market is crazy today? How does today compare to prior vintages? How does Roelof assess the compression of fundraising timelines? With compressed timelines, how does he build relationships of trust with founders?

3.) Founder Evaluation: What were Roelof’s lessons on founder assessment from Don Valentine? What matrix did Don teach Roelof to assess founders on? How does Roelof feel about the rise of competitive rounds? When should founders take them vs remain heads down on execution?

4.) Investment Mentality: How did Roelof prevent becoming too confident when early investments went well? How does Roelof prevent relying on past failures as a reason for turning down opportunities today? What can investors do to retain a very flexible mind? Why does Roelof believe you are only as good as your next investment?

5.) Sequoia’s Edge: How does Roloef think about what it takes for Sequoia to retain it’s edge at the top? How does Roloef measure the success of the Sequoia scout program? How did they structure it? How has the structure changed? What do they plan to do moving forward?

6.) Board Membership: How would Roloef evaluate his current style of board membership? How has that style changed over time? What elements did he find challenging? What advice would Roelof give to new board members adopting their first board seats?

Items Mentioned In Today’s Show:

Roelof’s Favourite Book: Man’s Search For Meaning

Roelof’s Most Recent Investment: mmhmm

As always you can follow Harry and The Twenty Minute VC on Twitter here!

Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.

Source: https://thetwentyminutevc.com/roelofbotha/

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Private Equity

Private equity investor Centerbridge Partners backs Syncapay’s acquisition of Wirecard North America

From: FinTech Global Syncapay has announced that it has bought Wirecard North America, marking another page in the story of the collapse of the scandal-ridden former FinTech giant. Wirecard imploded this summer after a suspected multi-billion dollar fraud was unearthed. Since then the company, which was once hailed as one of Germany’s biggest FinTech success […]

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From: FinTech Global
Syncapay has announced that it has bought Wirecard North America, marking another page in the story

Source: https://www.altassets.net/private-equity-news/by-news-type/deal-news/private-equity-investor-centerbridge-partners-backs-syncapays-acquisition-of-wirecard-north-america.html

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Private Equity

Gulf Capital backs CWB as part of $60mln IP platform build

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The post Gulf Capital backs CWB as part of mln IP platform build first appeared on https://africacapitaldigest.com.

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Source: https://africacapitaldigest.com/gulf-capital-backs-cwb-as-part-of-60mln-ip-platform-build/

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